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Fairly certain you're paying for the unemployed person down the street's insurance. (I say this not pejoratively toward's the unemployed)
by foota 10y ago
Fairly certain you're paying for the unemployed person down the street's insurance. (I say this not pejoratively toward's the unemployed)
- rgbrenner 10y agoInsurance companies don't insure the unemployed for free. They're either paying their own premiums, or they're on medicaid/medicare. If they're on medicaid, it was paid for by the state/fed government from taxes... not from insurance premiums paid by someone else.
- maxerickson 10y agoThe cost of Medicaid and Medicare may show up in insurance premiums. http://kff.org/report-section/uncompensated-care-for-the-uninsured-in-2013-a-detailed-examination-cost-shifting-and-remaining-uncompensated-care-costs-8596/ http://kff.org/report-section/uncompensated-care-for-the-uni... There are other discussions of cost shifting that will make more aggressive claims; I've chosen to link Kaiser Family Foundation because I think they are pretty credible.
- rgbrenner 10y agothe amount potentially associated with uncompensated care cost shifting is only 2.3 percent of private health insurance costs in 2013.
- maxerickson 10y agoSure, it doesn't explain the high cost of care. But the $21.1 billion out of $84.9 billion is a pretty big chunk of the unmet costs.